When making product mix decisions, companies are most profitable when they maximize production of the product with the greatest sales demand.

Name: When making product mix decisions, companies are most profitable when they maximize production of the product with the greatest sales demand.
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Question

Quizplus · Accepted Answer

Companies are most profitable when they consider both sales demand and profit margins, as a product with high demand may not be the most profitable if its profit margin is low.

When Making Product Mix Decisions, Companies Are Most Profitable When